$265,000
SOLD MAY 22, 2025
1.85 Acres
$143,243 Price per Acre
80,586 Sq Ft Lot

Recently Sold

12% Below List Price

Highlights

  • 1.85 Acre Lot
  • Corner Lot
  • Views
  • Capshaw Elementary School Rated A-
  • No HOA

About This Lot

As of May 2025

This acreage tract zoned for C-A General Commercial use offers a premier location on Hwy 111 in the Northeast Cookeville / Algood area. This parcel provides high traffic counts, high visibility and a significant investment potential. The corner lot offers 400 feet of road frontage and is suitable for diverse commercial development, including convenience store, hotel, manufacturing facilities, retail outlets, restaurants, mini-warehouses and other similar uses.

Last Agent to Sell the Property

Vickie Loftis

American Way Real Estate Brokerage Phone: 9315269581 License #291404 Listed on: 03/19/2025

Last Buyer's Agent

Suzi Vaughn

The Real Estate Collective License #347579

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $493

Lot Details

  • 1.85 Acre Lot
  • Property fronts a highway
  • South Facing Home
  • Corner Lot
  • Level Lot
  • Property is zoned Commercial

Schools

  • Algood / CHS Elementary And Middle School
  • Algood / CHS High School

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 031.00
  • $6,625 Seller Concession

Property Details

Property Type

Land

Est. Annual Taxes

$493

Lot Details

0

Listing Details

  • Attribution Contact: 9315269581
  • Directions: FROM PCCH: East on Spring St. Take Hwy 111 North. Turn left at Mirandy Rd intersection to head back South on Hwy 111. Property is on the right side of road at the corner of Hwy 111 and Lindenwood Dr. Tract 1 is to the right side of Lindenwood.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1.85
  • Lot Size: 1.85 Acres
  • Road Frontage Type: Highway, Town/City
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Industrial

Exterior Features

  • Topography: Level
  • Lot Features: Corner Lot
  • View: No Water Frontage View Description, Other
  • View: Yes
  • Waterfront Features: No Water Frontage View Description
  • Direction Faces: S

Utilities

  • Electric: UCEMC
  • Sewer: Public Sewer
  • Gas Company: Natural Gas, City of Cookeville
  • Electricity On Property: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public, City of Algood

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Algood / CHS
  • High School: Algood / CHS
  • Middle Or Junior School: Algood / CHS

Lot Info

  • Zoning: Commercial
  • Farm Land Area Units: Square Feet
  • Parcel #: 031.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 492.63
  • Tax Book Number: 323
  • Tax Lot: 1
  • Tax Map Number: 026

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $265,000 -11.6% --
03/19/2025 03/19/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $299,900 +30.4% --
03/19/2025 03/19/25 For Sale $229,900 -- --
Source: Upper Cumberland Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 235319

Upper Cumberland Association of REALTORS®